Covenant Logistics Group, Inc. (CVLG): Price and Financial Metrics


Covenant Logistics Group, Inc. (CVLG): $20.74

0.14 (+0.68%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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CVLG POWR Grades


  • Momentum is the dimension where CVLG ranks best; there it ranks ahead of 94.47% of US stocks.
  • CVLG's strongest trending metric is Growth; it's been moving down over the last 179 days.
  • CVLG ranks lowest in Stability; there it ranks in the 50th percentile.

CVLG Stock Summary

  • CVLG's price/sales ratio is 0.38; that's higher than the P/S ratio of merely 7.58% of US stocks.
  • Over the past twelve months, CVLG has reported earnings growth of -318.41%, putting it ahead of merely 6.19% of US stocks in our set.
  • Covenant Logistics Group Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 20.96%, greater than the shareholder yield of 91.8% of stocks in our set.
  • Stocks that are quantitatively similar to CVLG, based on their financial statements, market capitalization, and price volatility, are MLP, AEMD, PSB, GRWG, and MEC.
  • Visit CVLG's SEC page to see the company's official filings. To visit the company's web site, go to www.covenanttransport.com.

CVLG Valuation Summary

  • CVLG's price/sales ratio is 0.4; this is 87.88% lower than that of the median Industrials stock.
  • CVLG's price/earnings ratio has moved up 23.4 over the prior 243 months.
  • Over the past 243 months, CVLG's price/earnings ratio has gone up 23.4.

Below are key valuation metrics over time for CVLG.

Stock Date P/S P/B P/E EV/EBIT
CVLG 2021-09-03 0.4 1.3 47.7 17.5
CVLG 2021-09-02 0.4 1.3 48.8 17.8
CVLG 2021-09-01 0.4 1.3 48.4 17.7
CVLG 2021-08-31 0.4 1.3 48.8 17.8
CVLG 2021-08-30 0.5 1.3 49.6 18.1
CVLG 2021-08-27 0.4 1.2 46.2 17.0

CVLG Growth Metrics

    Its 2 year net income to common stockholders growth rate is now at -96.94%.
  • The 3 year net income to common stockholders growth rate now stands at 19.25%.
  • Its 4 year cash and equivalents growth rate is now at 974.66%.
Over the past 15 months, CVLG's revenue has gone up $196,796,000.

The table below shows CVLG's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 1,046.003 73.218 60.731
2021-09-30 977.002 106.321 17.336
2021-06-30 913.271 73.061 8.395
2021-03-31 848.636 76.172 -29.365
2020-12-31 838.561 63.04 -42.718
2020-12-31 838.561 63.04 -42.718

CVLG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • CVLG has a Quality Grade of C, ranking ahead of 65.48% of graded US stocks.
  • CVLG's asset turnover comes in at 1.347 -- ranking 20th of 137 Transportation stocks.
  • MATX, ASC, and USAK are the stocks whose asset turnover ratios are most correlated with CVLG.

The table below shows CVLG's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 1.347 0.190 0.048
2021-03-31 1.167 0.193 -0.031
2020-12-31 1.057 0.195 -0.049
2020-12-31 1.057 0.195 -0.049
2020-09-30 1.005 0.197 -0.015
2020-06-30 0.969 0.195 -0.025

CVLG Price Target

For more insight on analysts targets of CVLG, see our CVLG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $31.67 Average Broker Recommendation 1.62 (Moderate Buy)

CVLG Stock Price Chart Interactive Chart >

Price chart for CVLG

CVLG Price/Volume Stats

Current price $20.74 52-week high $34.75
Prev. close $20.60 52-week low $17.23
Day low $20.59 Volume 162,412
Day high $20.93 Avg. volume 103,829
50-day MA $21.03 Dividend yield 1.2%
200-day MA $23.96 Market Cap 323.50M

Covenant Logistics Group, Inc. (CVLG) Company Bio


Covenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers expedited and dedicated services. The company also provides ancillary services, including freight brokerage and logistics services, warehousing, and accounts receivable factoring; and over-the-road truckload services, as well as transportation management, shuttle, and switching services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2018, the company operated 3,154 tractors and 6,950 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee.


CVLG Latest News Stream


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Latest CVLG News From Around the Web

Below are the latest news stories about Covenant Logistics Group Inc that investors may wish to consider to help them evaluate CVLG as an investment opportunity.

Dear NKLA Stock Fans, Mark Your Calendars for Feb. 24

NKLA stock wants to regain investor favor through its Feb. 24 earnings call.

Shrey Dua on InvestorPlace | February 18, 2022

Covenant Logistics Group Announces Stock Repurchase Program and Acquisition

CHATTANOOGA, Tenn., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today the adoption of a $30 million stock repurchase program and an acquisition. Stock Repurchase ProgramOn February 10, 2022, the Company’s board of directors approved a stock repurchase program authorizing the purchase of up to $30 million of the Company's Class A common stock in open market or privately negotiated transactions. The stock repurchase pro

Yahoo | February 10, 2022

With Fraud Case in Rear-view Mirror, It’s Time To Reconsider Nikola

NKLA stock may finally be poised for a turnaround in light of a crucial approval in California and a pair of in-progress purchase orders.

David Moadel on InvestorPlace | February 1, 2022

Covenant Logistics Group, Inc. (CVLG) CEO David Parker on Q4 2021 Results - Earnings Call Transcript

No summary available.

Seeking Alpha | January 27, 2022

Covenant Logistics initiates $0.0625 quarterly dividend

Covenant Logistics (NASDAQ:CVLG) initiates $0.0625/share quarterly dividend.Forward yield 1.14%Payable March 25; for shareholders of record March 4; ex-div March 3.See CVLG Dividend

Seeking Alpha | January 26, 2022

Read More 'CVLG' Stories Here

CVLG Price Returns

1-mo 5.33%
3-mo -4.20%
6-mo -22.45%
1-year -5.46%
3-year 26.05%
5-year 18.18%
YTD -21.31%
2021 78.46%
2020 14.58%
2019 -32.68%
2018 -33.13%
2017 48.55%

CVLG Dividends

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